First American Market Report

Canby, OR

Single-Family Homes

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Canby, OR

Sun Aug 01 2021
This week the median list price for Canby, OR is $649,900 with the market action index hovering around 76. This is about the same as last month's market action index of 76. Inventory has increased to 21. Click here to stay informed with the Canby market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Canby, OR

Sun Aug 01 2021
This week the median list price for Canby, OR is $649,900 with the market action index hovering around 76. This is about the same as last month's market action index of 76. Inventory has increased to 21. Click here to stay informed with the Canby market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Canby market.
Median List Price $649,900
Median Price of New Listings $564,450
Per Square Foot $269
Average Days on Market 33
Median Days on Market 7
Price Decreased 10%
Price Increased 5%
Relisted 5%
Inventory 21
Median Rent
Market Action 76
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$950,000 3,307 5 - 10 acres 4 3 16 0 1 21
$674,900 3,176 8,000 - 10,000 sqft 4 2 18 3 1 28
$575,000 2,324 0.25 - 0.5 acre 4 2 56 3 2 14
$434,749 1,477 8,000 - 10,000 sqft 3 2 42 4 3 0